US crude oil inventories increased at a higher-than-predicted pace to reach 3.8 million barrels in the week ended March 6.
According to a report released by the Energy Information Administration (EIA), this exceeded forecasts for a 1.1-million-barrel hike in crude stockpiles.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
435.2
439.3
443.1
+3.8
Gasoline
241.1
253.1
249.5
(3.7)
Distillates
117.6
120.8
119.4
(1.3)
US crude oil inventories increased at a higher-than-predicted pace to reach 3.8 million barrels in the week ended March 6.
According to a report released by the Energy Information Administration (EIA), this exceeded forecasts for a 1.1-million-barrel hike in crude stockpiles.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
435.2
439.3
443.1
+3.8
Gasoline
241.1
253.1
249.5
(3.7)
Distillates
117.6
120.8
119.4
(1.3)
